American Water Declares Quarterly Dividend

American Water Works Company, Inc. (NYSE:AWK) announced today that its Board of Directors declared a quarterly cash dividend payment of $0.20 per share payable on March 2, 2009 to all shareholders of record as of February 18, 2009.

“We are pleased to make this declaration knowing the importance of meeting shareholders' expectations, particularly in this economic environment, for consistent quarterly dividends,” said Don Correll, president and CEO of American Water. “Today's action represents our third consecutive dividend payment since going public in April 2008.”

Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada.